Commerzbank reports better-than-expected 29% rise in Q1 net profit
The logo of German bank Commerzbank seen on a branch office near The Commerzbank Tower in Frankfurt. Daniel Roland |
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Earnings
Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the
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Home Depot misses on revenue, as high interest rates hurt sales
Home Depot on Tuesday posted quarterly revenue below Wall Street’s expectations, as shoppers postponed bigger discretionary projects like bath and
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TSMC posts flat fourth-quarter revenue but beats expectations
Taiwan Semiconductor Manufacturing Company, Limited at Hsinchu Science Park. Annabelle Chih | Getty Images News | Getty Images Taiwan chipmaker
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Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half
Shares of Walgreens closed 5% lower on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped
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Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered
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British fintech Revolut hits record revenue, profit tumbles
Revolut’s logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images British fintech Revolut’s revenue rose 45%
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FedEx shares tumble 12% after weaker demand hit revenue outlook
A FedEx plane lands at Shanghai Pudong International Airport in Shanghai on April 27, 2023. Vcg | Visual China Group
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